$150
in 1950 →
$1,553.24
in 2018

Inflation Calculator

U.S. Inflation Rate, 1950-2018 ($150)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.50% per year.
Prices in 2018 are
935.5% higher than
prices in 1950.

In other words, $150 in the year 1950 is equivalent in purchasing power to $1,553.24 in 2018, a difference of $1,403.24 over 68 years.

Compared to last year's annual rate, the inflation rate in 2018 is now 1.95%1. If this number holds, $150 today would be equivalent to $152.92 next year.
The current inflation rate page gives more detail on the latest official inflation rates.

News headlines from 1950

Politics and news often influence economic performance. Here's what was happening at the time:

Jerusalem is proclaimed the capital of Israel by Knesset

North Korea invades South Korea.

Harry Truman announces that America will seek to develop a hydrogen bomb.

Chinese forces occupy Tibet.

Inflation Data Source

Raw data for these calculations comes from
the Bureau of Labor Statistics'
Consumer Price Index
(CPI), established in 1913. Inflation data from 1665 to
1912 is sourced from a historical study conducted by political science
professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page:
“$150 in 1950 → 2018 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1950-dollars?amount=150.